Which of the Following Statements Is True of Skills

question 40

Multiple Choice

Which of the following statements is true of skills?

• A)It represents the most important S in the 7 S model.
• B)It helps create alignment between goals, skills, and environmental needs.
• C)It includes recruitment, hiring, training, promotion, and compensation.
• D)It refers to the abilities of individuals, groups, or organizations to perform tasks.

---

Definitions:

Payments

Transactions by individuals or entities to transfer money in exchange for goods or services.

Overhead Expenses

The ongoing expenses associated with running a business that are not directly tied to the production of goods or services.

Mark-up

An extra charge applied to the base cost of products to accommodate for overheads and earnings, culminating in the final asking price.

Selling Price

The amount of money for which an item or service is sold to the buyer.